Price recently broke the resistance and changed the bias to bullish. Still expecting a retracement towards the weekly pivot before gathering bullish momentum to clear the monthly high.
The pair experienced strong bullish momentum and broke through the resistance. Look for buy setups after price retraces to broken resistance.
Price broke through ascending trendline and hit the monthly support level. We can expect a retracement of the broken support.
Silver is in a downtrend heading to 23.15. Expect a retracement towards 24.93 before resuming the downtrend.
The pair shows some bearish bias to retrace back to broken resistance. Price needs to hold above this level to continue the rise towards 1.2905. Watch for reversal candlestick on LTF before initiating buy setups.
GBPUSD retraces back to broken support now waiting to renew bearish momentum to continue the decline. Initial targets begin at 1.32350 which if broken we can expect a drop towards 1.31100 next.
Bitcoin bounced off the support zone which coincides with an ascending trendline and is now retracing towards the short-term resistance zone. A break above the resistance will confirm bullish bias and the price will rally towards Target 1 (55,000) initially. There is still a possibility that the price could drop back to the trendline support before gathering...
Price has bounced off 61.8 retracement level and ascending trendline. RSI & MACD bearish divergence suggests a bearish move towards the highlighted support. Breaking the support and holding below it will shift the trend to bearish and the price could rally down to break the ascending lower trendline. A break above the resistance will resume the uptrend towards...
GBPJPY surrenders to the resistance. Expect bearish movements to break target 1 and approach the main target at 150.3 A break above the resistance and holding above it should regain bullish momentum and head towards 158 initially.
Price is in a strong uptrend. Expecting a short-term retracement before resuming the rise.
Price has completed retracement in 4hr tf and is resuming the uptrend. Long orders with initial targets at 0.92650 and extended at 0.9350.
Retracement before resuming uptrend. Shorts below 1.88655 with targets at 1.86826
Price has completed retracement in daily tf and is resuming the downtrend. Shorts below 153.350 with initial targets at 150.365. Setup will be invalid if we get a close above 153.350.
Price is approaching support from where we could expect a short-term retracement thereby forming a head and shoulder pattern. Look for short entries after pattern formation with initial targets which begin at 76.300, 75.300 and extend to 73.900 A close above 78.000 will invalidate the bearish scenario.
Price bounced off strong support. Possible price movement towards 1.27240.
Bitcoin has had an amazing bull run for the past three weeks. RSI is overbought and playing out some bearish divergence indicating a retracement is about to happen. Before that plays out, the price will most likely hit the resistance around 51000 level from where we can place our shorts. Initial target will be 42700 with extended targets at 37800.
The pair recently bounced off the 50% fib retracement and is resuming the downtrend. Stochastic is heading down reserving a sell signal. A break below the 23.6% fib level will take us to the monthly support level 1.26742. A break lower could open the door to 1.2526.
The pair formed a double top at the monthly pivot with bearish divergence. Stochastic on the 4hr timeframe is approaching 80 indicating the pair might resume the downtrend after the short-term retracement. We have strong resistance at the 50% fib which is also the weekly pivot(neckline of the double top). It's recommended to place sell limit orders at 0.66300...